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Hyperledger Project Grows 170 Percent in Six Months

Linux Foundation's Fastest Growing Project Surpasses 80 Members

SAN FRANCISCO, CA--(Marketwired - August 30, 2016) - Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that 17 new organizations have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

"There's been a tremendous response to our vision for creating an open community for blockchain technology and we're proud to be celebrating this member milestone," said Brian Behlendorf, Executive Director of Hyperledger Project. "At a growth rate of nearly two new members joining per week -- there's no telling where we'll be at by the end of the year -- I look forward to working with this growing community to further our open blockchain development efforts."

Hyperledger Project is working to enable organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating an enterprise grade, open source distributed ledger framework and code base.

"Energy Blackchain Laboratory is privileged to be the first energy focused team to join the Hyperledger Project," said Dr. Lin Le, CEO and Founding Partner of Energy Blackchain Laboratory. "The lab's mission is to create a next generation ecosystem of energy industry that is organized by the people, operated by the people, and for the purpose of serving the people. We will continue to contribute to add to Hyperledger's definition and develop energy blockchain applications to be adopted along the whole energy industry value chain."

"Blockchain is very complex, as it can be applied to both technology and business scenarios, making it difficult to put into practice," said Yan Ting, CEO of PeerSafe. "We have participated in some bank projects, such as existing database and cloud computing combined applications. We also hope to accelerate the innovation through the Hyperledger project, and contribute our value to standardize Blockchain technology."

iRootech Technology Co., Ltd

"Reborn from heavy industry, iRootech aims to serve the beginning participators of IOT industry applications," said Daniel, CEO of iRootech. "That means we will be connected to tens of thousands start-up type and medium-sized companies, which will lead to an unaffordable cost. Thanks to the Hyperledger Project, as it shines a light on the practicable way."

"We're thrilled to join Hyperledger and welcome this opportunity, as we aim to redefine the fundamental nature of trust on the web," said Brian Spector CEO of MIRACL. "We're proud to be part of this effort to create an open standard for distributed ledger technology and look forward to working with this diverse community."

"From its inception Netki has built and promoted Open Source and Open Standards based solutions," said Justin Newton, CEO of Netki. "We look forward to working with the Hyperledger Project as a place to collaborate with the broader community and its stakeholders to create open, scaleable blockchain platforms and solutions."

"Blockchain is a great invention," said Shawn Zhou, CEO of Orange Magic Cube (GoX Team Tech.) "Hyperledger is at the cutting edge of blockchain. We are honored to join the Hyperledger Project, and excited to work with worldwide teams on blockchain. We look forward to contributing our expertise to the meritorious project and sharing our experience with the big team."

"Blockchain is without doubt a disruptive technology that will have significant impacts on numerous business areas," said Won-Pyo Hong, President of Samsung SDS' Solution Business. "We are proud to be a member of the Hyperledger community and look forward to contributing and sharing our expertise with its members."

"Sany has already built a high-level benchmark of the heavy industry," said He Dongdong, SVP of Sany. "We both know the Blockchain will alleviate the burden of our complex worldwide supply chain mode, and the Hyperledger Project has a promising future."

"Tai Cloud is honored to join the Hyperledger Project, and shall make efforts to enlarge Hyperledger's influence in China hereafter," said Deng Di, Founder and CEO of Tai Cloud. "Tai Cloud will actively get involved in the Hyperledger community, advancing the blockchain ecosystem and promoting blockchain's extensive application to serve as the credible infrastructure in the inclusive finance and shared economy."

"BlockChain is the core technology for the realization of a new economy in the future; We strongly believe that Hyperledger is the most promising project in Blockchain to achieve success in the financial field," said Bin Zhang, Founder and CEO of Union Mobile Pay E-Commerce Ltd. "We are pleased to become an active participant in the Hyperledger Project, and build new infrastructure for financial systems in cooperation with other participants."

"As one of the earliest players in research and practice on Blockchain, a distributed ledger technology, Wutongtree is pretty honored to join Hyperledger Project," said Chen Jianxiong, Wutongtree CEO. "While we serve our customers with Blockchain technology, we acknowledge several constraints in adaptability, performance and security. We recognize the open-source solution of Hyperledger meets customer's real needs for corporate clients, and also provides wide adaptability and security. Joining Hyperledger will not only strengthen the cooperation with it, but also contribute our owned output positively."

"Yunphant Blockchain is working on an enterprise-class alliance blockchain platform," said Butian Huang, Founder and CEO of Yunphant. "Our goal is to coincide well with Hyperledger Project's purpose; we're proud to be part of this effort and are happy to contribute our wealth of knowledge to the Hyperledger Project."

About Hyperledger Project

The Hyperledger project is an open source collaborative effort created to advance blockchain technology by addressing important features for a cross-industry open standard for distributed ledgers. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger Project as a Collaborative Project under the foundation. To learn more, visit: https://www.hyperledger.org/.